Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, October 11, 2011

Selling Overdone In These Names: (ILMN), (WAIR)

On October 11, these stocks were spotted as oversold: Illumina Inc, and Wesco Aircraft Holdings, Inc. C. The price of these stocks have fallen sharply to level below their true value. This is interpreted as a sign that the stocks are undervalued and may represent a buying opportunity for investors.

Shares of Illumina Inc (ILMN) fell by 0.59% or $-0.16/share to $26.33. In the past year, the shares have traded as low as $25.71 and as high as $79.38. On average, 3039130 shares of ILMN exchange hands on a given day and today's volume is recorded at 2187532.

Shares of Wesco Aircraft Holdings, Inc. C (WAIR) fell by 1.37% or $-0.12/share to $8.98. In the past year, the shares have traded as low as $8.77 and as high as $15.26. On average, 458810 shares of WAIR exchange hands on a given day and today's volume is recorded at 45022.